Corporate governance

The San Diego-based institution changed its name in attempt to reach wider audience.

As the industry increases its attempts to diversify its ranks, just 81 out of more than 5,000 CUs completed the regulator’s self-assessment last year.

Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.

The Lowell, Mass.-based institution can now serve Norfolk and Suffolk counties, along with more than 150 cities across Massachusetts and New Hampshire.

The Montana company will pay $135 million for a bank with 10 branches in seven Arizona markets.

In a long and storied career, Barbara Desoer has helped shape two of the largest banks in the country, Bank of America and Citibank. The most striking detail? Her biggest role came after she "retired."

The institution also remained well capitalized and its membership rose in the first half of the year.

With credit discrimination still legal in many states, the Michigan-based institution aims to help this marginalized group.

Charles Scharf’s most immediate priorities will be mending fences with regulators and getting the bank out from under a Fed-imposed asset cap. But he also must come up with strategies for spurring revenue growth and reining in expenses.

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.